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Saudi Arabia was The Second-Largest Arms Importer in the World from 2019 to 2023 — SIPRI DATA
Saudi Arabia was the second-largest arms importer in the world from 2019 to 2023, accounting for 8.4% of all imports, according to recent data from the Stockholm International Peace Research Institute’s (SIPRI).
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Gidori, a New Private Golf-Focused Community and Destination at NEOM, Announced with A Focus on Lush Landscaping
The Board of Directors of NEOM has announced Gidori – an exclusive private golf community set amidst the breathtaking coastal hills of the Gulf of Aqaba – as the latest addition to NEOM, the evolving regional development in northwest Saudi Arabia, according to a press release.
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Ramadan Fasting Projected to Begin March 11, Muslims Worldwide Prepare
Based on the Islamic lunar calendar, the dates for Ramadan move through the year which can result in significantly different daily fasting periods depending on where you live. Since there are 12 lunar months superimposed over 12 solar months, Ramadan “moves back” about 11 days per solar year.
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Saudi Arabia Transfers 8% of Aramco to Kingdom’s Public Investment Fund
Saudi Arabia has moved a roughly $160 billion stake in its state oil giant Aramco into its main sovereign wealth fund, the Public Investment Fund, according to a report in the Wall Street Journal.
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New Imagery Released of F1 Circuit at Forthcoming Entertainment City Qiddiya
Saudi Arabia has released computer-generated images of its planned new racing circuit in the forthcoming mega entertainment project Qiddiya, which will feature a 20-story-high elevated first corner and a swimming pool overlooking a section of track, according to reports.
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Saudi PIF, Bahraini Counterpart Mumtalakat Sign Agreement to Boost Cooperation and Investment
Saudi Arabia’s Public Investment Fund (PIF) and its Bahrani counterpart, Mumtalakat, have signed a memorandum of understanding (MoU) to expand cooperation and enable new and promising investment opportunities in Bahrain.
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Israel, Gaza, and a region with shifting power dynamics with columnist Hussein Ibish
In Episode 125, the hosts welcome veteran columnist and analyst Hussein Ibish onto The 966 for his third appearance on the program to unpack the implications of Israel’s brutal war in Gaza and the shifting regional and global power dynamics since October 7th.
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Report Says Saudi Arabia Seeing a Surge in Demand for Cybersecurity Specialists
Saudi Arabia has seen a surge in demand for cybersecurity specialists amid growing concerns about cyber threats within the Kingdom, according to a recent report by security software company Qrator Labs.
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Human Capability Initiative Conference in Riyadh Concludes with Goal of Increasing Employment Rate in New Industries
The Human Capability Initiative (HCI) Conference launched this week in Riyadh at the King Abdulaziz International Convention Center under the patronage of Crown Prince Mohammed bin Salman with the goal of boosting human capital in the Kingdom.
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Riyadh Air Makes Waves at Aviation Festival of Asia 2024
New Saudi airline Riyadh Air is touting its new offering at an industry event in Asia, with the CEO and COO giving public appearances and with it a glimpse into the plans and aspirations of the startup airline.
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Saudi anti-corruption authority reveals details of recent cases
In one case, two Central Bank employees were arrested for receiving sums of money from a resident, who was also arrested, in exchange for depositing more than SR7.3 million ($1.95 million), without verifying the source, into bank accounts belonging to commercial entities over a two-year period. In another case, a security officer working at the General Department of Traffic was arrested for receiving SR387,000 from the owner of a public services office, who was also arrested, in exchange for illegally amending the essential data of a group of vehicles.
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Photos: Highlights of WTT Saudi Smash 2024-Xinhua
Fan Zhendong of China returns a shot during the men's singles round of 64 match against Nicolas Burgos of Chile at WTT Saudi Smash 2024 in Jeddah, Saudi Arabia, May 5, 2024
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Saudi Arabia Posts Budget Deficit as Capex Spending Climbs
Saudi Arabia recorded a sixth straight quarterly budget deficit as increased spending on capital expenditure and other areas outpaced growth in revenue. The shortfall stood at 12.4 billion riyals ($3.3 billion) in the first quarter, more than four times higher than a year ago, according to a statement from the Ministry of Finance on Sunday. On a quarterly basis, the deficit eased from about 37 billion riyals at the end of 2023.
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Turkey halts all trade with Israel, cites worsening Palestinian situation
Turkey stopped all exports and imports to and from Israel as of Thursday, the Turkish trade ministry said, citing "worsening humanitarian tragedy" in the Palestinian territories."Export and import transactions related to Israel have been stopped, covering all products," Turkey's trade ministry said in a statement."Turkey will strictly and decisively implement these new measures until the Israeli Government allows an uninterrupted and sufficient flow of humanitarian aid to Gaza."
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Greece and Saudi Arabia to launch studies for potential electricity interconnector
Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) and Saudi Arabia’s National Grid Saudi Electricity Company have decided to kick off technical and economic studies for an electricity interconnector between the two countries.
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Opinion: Unable to ‘win’ in Gaza, Israel sets its sights elsewhere
For the meanwhile, it appears that neither Israel nor Iran wants a direct war with each other, and both appear ready to consider the recent exchange of attacks, although not their underlying causes, resolved. It certainly helps that no one appears to have been killed in either country, and that was undoubtedly intentional, since both sides have the clear ability to inflict far more destruction and deaths in each other’s territories if that was what they wanted.
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Judge declares mistrial after jury deadlocks in lawsuit filed by former Abu Ghraib prisoners
A judge declared a mistrial Thursday after a jury said it was deadlocked and could not reach a verdict in the trial of a military contractor accused of contributing to the abuse of detainees at the Abu Ghraib Prison in Iraq two decades ago. The mistrial came in the jury’s eighth day of deliberations. The deliberations went far longer than the trial itself.
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Secondary school graduates can get enrolled in universities across all Saudi regions
The Saudi Council of Universities Affairs issued a decision to open admission for government secondary school graduates in universities across all regions of Saudi Arabia, effective from the next academic year 1446.
The council stated that the prerequisite to limit the admission to students from the administrative region to which the university is affiliated will no longer be applicable. The council’s decision aims to enable male and female students to search for the appropriate academic paths for them, and to provide opportunities for fair competition for university seats in all government universities throughout Saudi Arabia. -
Saudi Arabia launches Nusuk pilgrim card for the Hajj of 2024
The Saudi Ministry of Hajj and Umrah has launched the Nusuk pilgrim card, which will be in use for the forthcoming annual pilgrimage of Hajj 2024.
Minister of Hajj and Umrah Dr. Tawfiq Al-Rabiah released the Nusuk card by presenting its copy to Indonesian Minister of Religious Affairs Yaqut Cholil Qoumas in Jakarta on Tuesday, April 30, during his official visit to Indonesia. -
Axis of Resistance Continues its Battle
or the six months following the October 7 Hamas attack on Israel, the region appeared to settle into a predictable, if volatile, pattern in which Iran acted indirectly, through its so-called “Axis of Resistance” partners, to strike against Israel, Israel’s main backer, the United States, and global commerce transiting the Red Sea, as a means of exerting pressure on Israel to end its offensive against Hamas.
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